Hornets forward Marvin Williams exercised his $15m player option for the 2019-20 season and will return to Charlotte.
Williams, who turns 33 on June 19, was the second overall pick by the Atlanta Hawks in 2005 out of North Carolina and played for the Utah Jazz before joining the Hornets.
In 75 games last season, Williams averaged 10.1 points and 5.4 rebounds per game.
He has a career average of 10.5 points and 5.3 rebounds in 1,014 games.
Williams' Hornets team-mate Michael Kidd-Gilchrist underwent surgery for a chronic groin strain on Tuesday.
The Hornets said Kidd-Gilchrist is expected to be available for the start of training camp in September.
Get NBA news on your phone
Want the latest NBA news, features and highlights on your phone? Find out more
The 25-year-old Kidd-Gilchrist averaged 6.7 points and 3.8 rebounds in 64 games last season (three starts).
In seven seasons with the Hornets, Kidd-Gilchrist is averaging 8.8 points and 5.6 rebounds in 421 games (356 starts).